Capital One is buying startup Brex for $5.15 billion in credit card firm's latest deal

Technology

Capital One Is Buying Startup Brex For $5.15 Billion In Credit Card Firm's Latest Deal

By CNBC

Capital One said Thursday that it was acquiring startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay 50% cash and 50 ...Read more

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